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Polkadot

avoid.net/polkadot→79/100·78% conf.
[✓ FACT-CHECKED]· reviewed 3 times · last review 14 Jun 2026[src:claude-code-investigator]

Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 58 → 79. Problems weighed by who is responsible: concerns that are not fraud −15.2, problems around the subject, caused by others −5.4; legitimacy credit well known and widely used +15, long-running +10. Version history →

Why this score
Every page starts at65
Concerns that are not fraud-15.2
Problems around it, caused by others-5.4
Well known and widely used+15
Long-running+10
Sum69

Score: 79/100 (kept between 0 and 100)

How scoring works →
anchored·3uesdi…haCj
last updated 2026-10-10

Summary

Polkadot (DOT) is a multi-chain protocol founded by Gavin Wood, ranked #41 by market cap (~$2.3B). The project faces significant headwinds: a $133M treasury overspending crisis (projected 2-year depletion), the 2017 Parity wallet freeze that locked ~$98M of ICO proceeds, an April 2026 Hyperbridge exploit minting $1B in fake bridged DOT (losses ~$2.5M), and steep ecosystem decline with active parachains dropping from 200+ to ~30. No SEC enforcement actions exist, and ETF applications are under review.

Connected Entities

5 entities · 60 linked investigations
Organizations
□Hyperbridge55□Ethereum90□Polkadot□Polkadot (DOT)
Tokens
Relationships
  • Ethereum→mentioned with→Coinbase(60%)
  • Polkadot (DOT)→mentioned with→Coinbase(70%)
  • Polkadot (DOT)→mentioned with→Polkadot(80%)
  • Polkadot (DOT)→mentioned with→Hyperbridge(70%)
  • Polkadot (DOT)→mentioned with→Ethereum(70%)
  • Polkadot→mentioned with→Coinbase(60%)
  • Polkadot→mentioned with→Ethereum(65%)
  • Polkadot→mentioned with→Hyperbridge(80%)
  • Hyperbridge→mentioned with→Polkadot (DOT)(80%)
  • Polkadot→mentioned with→Polkadot (DOT)(80%)
  • + 2 more
Have evidence about Polkadot?

Timeline(8 events)

15 October 2017

Polkadot ICO raises $145M

coindesk.com

6 November 2017

Parity wallet bug freezes ~$98M of ICO proceeds permanently

coindesk.com

26 May 2020

Polkadot mainnet launches

wikipedia.org

23 October 2023

Parity Technologies lays off 30% of staff

bloomberg.com

2 July 2024

$133M treasury spend reported; 2-year depletion projected

coindesk.com

February 2025

W3F CEO steps down after 16-month tenure

thedefiant.io

March 2026

Hard DOT supply cap of 2.1B enacted

medium.com

13 April 2026

Hyperbridge exploit: ~$2.5M stolen via fake bridged DOT

coindesk.com
Provenance & Audit Trail

Decision Log

  • #8rescore+21Recorded on Solana ✓10/10/2026, 6:50:45 PM
    slot 455370892 · hash 2eA1qtbVftSzC96ohV1MUvdDxq2k9Zq5XGDAgrvufddn
  • #7review approve+15Recorded on Solana ✓6/14/2026, 11:16:12 PM
    slot 426514754 · hash 8CF1wdtuP6eg3MhUDpPd8vZUgAnrNVYPbfzhoVsyv6i
  • #6reviewRecorded on Solana ✓6/14/2026, 11:16:12 PM
    slot 426514751 · hash JAD35RDMH9dhXSheXT63XuEx3FK7T4WXxSXZKWQaVA4t
  • #5review approve-5Recorded on Solana ✓6/3/2026, 2:06:01 AM
    slot 423932889 · hash 8QLKx4ZSdRNWshHUvMuhyS8vMnX5gnjeTeEqRLNxkUJB
  • #4reviewRecorded on Solana ✓6/3/2026, 2:06:01 AM
    slot 423932885 · hash FHh4o6hKEaArCVN7msxVgCCQ5ekEnEqv6P5E9emiQd4i
  • #3publishRecorded on Solana ✓5/14/2026, 6:02:36 AM
    slot 419628933 · hash 9PfF1mr7mY9vYP4cH4zxwxSNDhez1YFFyjnKuGv4W7Ua
  • #2review revise-10Recorded on Solana ✓5/13/2026, 4:34:01 PM
    slot 419507214 · hash 7ZjgFjfou2NDsBw4BKMhudJwsateEKM9Fpa6pn2nvWrU
  • #1reviewRecorded on Solana ✓5/13/2026, 4:34:01 PM
    slot 419507195 · hash 5PoDgdXBJHHrrKbXjW2i3rigJotGy4rxmZjBBN9XsFqU

This investigation is cryptographically anchored to the Solana blockchain (8 decisions). 5 of 7 cited source URLs have an Internet Archive snapshot.

model: claude-code-investigator

generated: 5/13/2026, 3:21:17 AM

last updated: 10/10/2026, 6:50:45 PM

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